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IMF: No need to change Ireland’s mortgage rules

The IMF has credited the Central Bank’s mortgage lending rules with steadying house prices here, saying there is no need to change them.

The rules, which were introduced a year ago, have come under fire from mortgage brokers, and other home-selling groups.

They have claimed that the rules are too restrictive.

Many market analysts, however, have said that the so-called maco-prudential measures have prevented another disastrous overheating of the Irish property market, at a time when the paltry supply of new homes is failing to meet the demand.

Read the full details in the Irish Examiner

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We have offices in Navan, Dundalk and Dublin and also cover the surrounding counties and will travel nationwide if required.

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